Question

Describe the forms of economic inequality in democracy

Answer 1

Economic inequality has been increasing all over the world.

In India, a larger portion of the population is poor and the number of rich people is less.

There is a large difference in the income of rich and the poor. In most of the countries, democracy has failed in reducing economic inequalities.

The forms of economic inequality in democracy are :
Inquality in share of wealth
Inequality  in Income

Lack of opportunities in employment